HEALTH RISK MANAGEMENT, INC. (CASE NUMBER 01-43354)			SCHEDULE C
HRM CLAIM MANAGEMENT, INC. (CASE NUMBER 01-43355)
INSTITUTE FOR HEALTHCARE QUALITY, INC. (CASE NUMBER 01-43356)
HEALTH BENEFIT REINSURANCE, INC. (CASE NUMBER 01-43357)

STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
QUARTER ENDING SEPTEMBER 30, 2001
				CUMULATIVE
	07-31-2001	08-31-2001	09-30-2001	TOTAL
CASH FLOW FROM OPERATING ACTIVITIES:
NET INCOME		241,154.14	-63,265.41	177,888.73
ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH PROVIDED BY OPERATING ACTIVITIES:
DEPRECIATION		204,886.00	229,868.00	434,754.00
AMORTIZATION		375,263.00	458,788.00	834,051.00
CHANGES IN OPERATING ASSETS AND LIABILITIES
ACCOUNTS RECEIVABLE-NET		-531,927.02	-746,099.77	-1,278,026.79
ACCRUED BILLINGS		177,305.87	411,168.04	588,473.91
PREPAID EXPENSES		16,970.59	86,136.60	103,107.19
ACCOUNTS PAYABLES		316,497.06	-180,198.88	136,298.18
ACCRUED PROFESSIONAL FEES		315,000.00	106,275.54	421,275.54
ACCRUED EXPENSES		-27,757.54	-84,900.43	-112,657.97
UNEARNED REVENUES		-17,068.07	82,461.19	65,393.12
UNSECURED PRIORITY DEBT		-4,895.45	-59,046.24	-63,941.69
UNSECURED DEBT		-994,339.30	-33,485.92	-1,027,825.22

NET CASH PROVIDED BY OPERATING ACTIVITIES	0.00	71,089.28	207,700.72	278,790.00

CASH FLOWS FROM INVESTING ACTIVITIES COMPUTER SOFTWARE COSTS CAPITALIZED		-99,000.00	-131,000.00	-230,000.00

CASH USED IN INVESTING ACTIVITIES	0.00	-99,000.00	-131,000.00	-230,000.00

CASH FLOWS FROM FINANCING ACTIVITIES
PROCEEDS FROM US BANK LINE OF CREDIT		1,699,228.19	2,294,065.34	3,993,293.53
PAYMENTS ON U S BANK LINE OF CREDIT		0.00	-1,966,450.99	-1,966,450.99
PAYMENT OF SECURED DEBT		-2,071,213.25	-262,030.44	-2,333,243.69
PRINCIPAL PAYMENTS ON CAPITAL LEASES		-76,977.94	-27,924.10	-104,902.04

NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	0.00	-448,963.00	37,659.81	-411,303.19

NET INCREASE (DECREASE) IN CASH	0.00	-476,873.72	114,360.53	-362,513.19

CASH BEGINNING OF PERIOD		4,610.90	-472,262.82	4,610.90
CASH END OF PERIOD	0.00	-472,262.82	-357,902.29	-357,902.29

COLLECTIONS OF ACCOUNTS RECEIVABLES
PRE-PETITION		2,022,805.44	327,513.14	2,350,318.58
POST-PETITION		429,091.83	3,018,093.18	3,447,185.01

CASH DISBURSEMENTS REORGANIZATION EXPENSES
PROFESSIONAL FEES		30,000.00	119,111.18	149,111.18
U.S. TRUSTEE QUARTERLY FEES		0.00	0.00	0.00
OTHER		18.00	5,738.76	5,756.76
TOTAL	0.00		124,849.94	154,867.94

HEALTH RISK MANAGEMENT INC /MN/ 8-K